Business
Matt Sanchez, co-founder and CEO of Say Media (which owns xoJane, ReadWrite, and Dogster), said that the company has laid off about 10 percent of its 400-person staff.
The experiment will go into effect next week in the states of Iowa, North Dakota, Vermont, Mississippi, New Mexico and Wyoming.
Some channels will offer yearly discounts, and all will come with a 14-day free trial.
Legacy.com, Inc., the leading provider of online obituary solutions in the U.S., today announced it has acquired Web Announcements Ltd, the parent company of iAnnounce, the European leader in online obituaries and family announcements.
Daily Voice, the recently scaled-down regional network of 41 community news sites, filed for and won Chapter 11 bankruptcy protection this week.
Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors.
Net income tripled to $2.85 billion in the period ended March 31, New York-based News Corp. said yesterday in a statement.
For as long as Rachel Singer and Alana Kayfetz can remember, the
Canadian Jewish News has always been at the centre of many lively family
debates. The 29-year-old friends are subscribers, like their parents
and their parents’ parents.
Canadian newspaper publishers Torstar Corp and Quebecor Inc delivered
more bad news to investors on Wednesday, saying that cost cuts were
failing to keep pace with an accelerating decline in print media
revenue.
AOL continues its surprising turnaround with another quarter of growth
in its content and advertising segment. The company is still, however,
depending on its legacy business for all its profit.
Publisher Jim Moroney says the paper will be adding a “greatly improved,
metered paid-access model that is much more consumer friendly in every
way.”
Revenues also fall in the Quebec media giant's broadcast and entertainment divisions.
GateHouse Media, Inc., a leading multi-media company providing news and information to local communities, reported financial results for the first quarter ended March 31, 2013.
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